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JSW Steel Ltd soars 1.53%

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Capital Market

The stock is quoting at Rs 414.35, up 1.53% on the day as on 12:49 IST on the NSE. JSW Steel Ltd is up 57.82% in last one year as compared to a 12.4% spurt in NIFTY and a 0.95% spurt in the Nifty Metal index.

JSW Steel Ltd is up for a third straight session in a row. The stock is quoting at Rs 414.35, up 1.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.89% on the day, quoting at 11412.5. The Sensex is at 37693.61, down 1.04%. JSW Steel Ltd has risen around 21.31% in last one month.

 

Meanwhile, Nifty Metal index of which JSW Steel Ltd is a constituent, has risen around 7.07% in last one month and is currently quoting at 3713.7, up 0.3% on the day. The volume in the stock stood at 40.27 lakh shares today, compared to the daily average of 95.83 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 414.75, up 1.33% on the day. JSW Steel Ltd is up 57.82% in last one year as compared to a 12.4% spurt in NIFTY and a 0.95% spurt in the Nifty Metal index.

The PE of the stock is 14.69 based on TTM earnings ending June 18.

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First Published: Sep 17 2018 | 1:05 PM IST

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